No. There is more of a time delay on this type of trade – they will go through at the end of the next trading day. If I place a trade for an international equity at 4:30 p.m. on Monday, it will clear at the end of Tuesday. However, if I place a trade for IBM (A U.S. equity) at 4:30 p.m. on Monday, it should clear at 9:50 a.m.-ish on Tuesday (the U.S. stock market opens at 9:30 a.m. EST).
← Does this extend to international equities?